EU Market: Reform deal news helps EUAs recover ground lost after abysmal auction

Published 18:00 on February 28, 2017  /  Last updated at 18:00 on February 28, 2017  /  EMEA, EU ETS  /  No Comments

European carbon gave back much of its early gains on Tuesday after the day’s auction cleared at a massive discount, but spiked at market close on news of an agreement on post-2020 ETS reforms by EU member states.

European carbon gave back much of its early gains on Tuesday after the day’s auction cleared at a massive discount, but spiked at market close on news of an agreement on post-2020 ETS reforms by EU member states.

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